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   Paul Chambers🚧 (paul@oldfriends.live)'s status on Thursday, 03-Apr-2025 12:58:43 JST Paul Chambers🚧

   JP Morgan addressing the "doom loop" of climate change destruction. It's not an altruistic climate report, by no means, but more of a "we FAFO about climate. Now going to lose money. Now what!"

   Sections like,
   "Rising losses: attempting to price extreme weather and climate events as they influence the property and casualty market" and "Escaping the doom loop of rising costs and private sector exit"

   🔗 "Insurance: Weathering the storm
   of inflation, climate change and
   market-distorting state regulation"

   https://www.jpmorgan.com/content/dam/jpm/cib/documents/Weathering_the_storm.pdf